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Plug Power PLUG Convertible Debt Fair Value Adjustment

Convertible Debt Fair Value Adjustment at other companies

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$151M-10.7%
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$590.25M
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$0
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$932.2K+1,414%

Other financials

Income statement

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Revenue$163.5M+22.3%
Gross profit-$21.6M+70.7%
Operating income-$109.5M+38.6%
Net income-$245.3M-24.7%
EPS (diluted)-$0.18+14.3%

Balance sheet

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Cash & equivalents$223.2M-24.6%
Total debt$263.3M-22.5%
Total equity$749.8M-59.6%
Total assets$2.4B-34.8%

Cash flow

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Operating cash flow-$150.0M-42.1%
CapEx$2.4M-94.0%
Free cash flow-$152.4M-4.4%

Valuation

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Market cap$3.98B+140%
Enterprise value$4.02B+135%
P/S5.4×+2.8×

Profitability

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Gross margin-26.4%-10.7pp
Operating margin-189%-51.4pp
Net margin-227.1%-48.7pp
FCF margin-88.3%-23.9pp

Returns & leverage

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Return on equity-128.9%+150pp
Debt / equity0.4×+0.2×
Current ratio2.4×+0.4×

Where this comes from

Reported directly by Plug Power in its filing.

Tagged under the XBRL concept plug:ConvertibleDebtFairValueAdjustment.

The official record: Plug Power’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Plug Power's convertible debt fair value adjustment?
Plug Power (PLUG) reported convertible debt fair value adjustment of -$70.78M in Q1 2026.
How has Plug Power's convertible debt fair value adjustment changed year-over-year?
Plug Power's convertible debt fair value adjustment decreased by 864.6% year-over-year, from -$7.34M to -$70.78M.
What does convertible debt fair value adjustment mean?
This represents the periodic adjustment to the carrying value of convertible debt instruments to reflect their current fair market value. It accounts for changes in the underlying stock price, interest rates, and credit spreads that affect the conversion feature. This metric highlights the non-cash impact of debt valuation volatility on the company's bottom line.